Wells Fargo raised the firm’s price target on Synchrony (SYF) to $85 from $80 and keeps an Overweight rating on the shares. The firm notes there are no major changes on PPPC reversals in Q4 or 2026, despite lighter Q4 revenue guide. Wells highlights the optimistic tone on the consumer/credit, and says it would use the relative weakness as a buying opportunity given many positives.
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